Roxi Petroleum plc announced Friday that it has hit oil in Deep Well A6, located in Kazakhstan’s BNG Contract Area.
Gross oil-bearing intervals totalling 416 feet meters have been identified. These are in two intervals, the first of 236 feet between depths of 14,150 feet and 14,386 feet. The second is of 180 feet between depths of 14,599 feet and 14,780 feet.
Further analysis will be conducted to determine the portion of these intervals that are capable of producing commercial volumes of oil, Roxi said in a company statement.
“We are naturally delighted with the news from deep Well A6,” said Clive Carver, Roxi executive chairman.
“The oil-bearing intervals identified there are larger than those previously identified at Deep Wells A5, which is believed to be in the same structure, and at Deep Well 801,” he added.
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